Iraq | Egypt Oil & Gas - Part 60
War-Torn Iraq Suffers Low Prices, Oil Debt and Turkish Swap
Iraq is building up debts to the oil companies developing its giant fields, industry sources said, a further sign of how the oil-price drop is putting a squeeze on revenues in OPEC's second-largest producer.
Iraq Selling Crude to Asia Below Middle East Benchmark
Iraq narrowed the discount for April crude deliveries to Asian buyers by the most since November 2011, joining other Middle East producers in raising official selling prices amid signs demand is improving.
Kuwait: Shale Oil Decline Ups Prices, Near Future Still Uncertain
A drop in shale oil production has triggered a rebound of global oil prices, but prices will not rise sharply as long as the world's economy stays sluggish, Kuwaiti Oil Minister Ali Al-Omair was quoted as saying
Kurdish Government Still Owes Genel $233 million
Genel Energy, one of the main oil producers in Iraqi Kurdistan, said it is still owed $233 million for oil it sold to the Kurdistan Regional Government (KRG) but is hopeful stable payments will start this year.
Iraq Reviewing Foreign Oil Contracts to Up State Share in Production
Iraq has said that it is reviewing its oil production agreements with international firms because falling crude prices meant that the financial cost of existing service contracts were too high to bear.
Iran: Gas Exports to Iraq by May, to Expand by Next Year
An Iranian official has announced the country’s plan to export natural gas to Iraq within months.
Iraq: February Witnessed Rise in Oil Exports
Iraq's oil exports rose in February to an average 2.597 million b/d from 2.535 million b/d in the previous month, the oil ministry said in a statement.
Turkey Looks for Oil in Iraq with Ending of Kurd Insurgency
Energy Minister Taner Yildiz said on Monday Turkey will explore for oil in the Qandil region of Iraq
